cryptocurrency

page 3

Riyadh and Abu Dhabi collaborate on new cryptocurrency

Riyadh and Abu Dhabi collaborate on new cryptocurrency

Saudi Arabia and the United Arab Emirates have announced an agreement to cooperate on the creation of a cryptocurrency, Emirate News Agency reported. The Executive Committee of the Saudi-Emirati Coordination Council has held a meeting …

Iran bans Bitcoin dealings

Iran bans Bitcoin dealings

Iran has banned the country’s banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, Iran's central bank said. "Banks and credit institutions and currency exchanges should avoid any …

Bitcoin exceeds $10,000

Bitcoin exceeds $10,000

Bitcoin exchange rate rose to $10,101, according to electronic cryptocurrency platform Coinmarketcap. Earlier, the bitcoin rate showed a sharp drop and fell to a mark of $5996 on February 6. Bitcoin reaches its maximum value in December …

Russians arrested for 'mining bitcoin' at nuclear facility

Russians arrested for 'mining bitcoin' at nuclear facility

Engineers at Russia’s top nuclear research facility have reportedly been detained after they attempted to mine bitcoin on its computers, The Guardian reported citing Interfax. Several employees at Russia’s nuclear centre in …

Forbes releases list of cryptocurrency's billionaires

Forbes releases list of cryptocurrency's billionaires

Forbes has released its list of the richest people in the cryptocurrency community. The most richest people in cryptocurrency are : Chris Larsen ($7.5-8 billion), Joseph Lubin ($1-5 billion), Changpeng Zhao ($1.1-2 billion), Cameron …

Turkish football club completes first bitcoin transfer

Turkish football club completes first bitcoin transfer

A Turkish football club has completed the country's first ever transfer using the Bitcoin cryptocurrency, broadcaster CNN Turk reported. Harunustaspor, a local amateur league club, signed 22-year old Omer Faruk Kiroglu for 2,000 …

Russia's VTB head says what he thinks about bitcoin

Russia's VTB head says what he thinks about bitcoin

Bitcoin is a fake currency, Russia’s VTB Bank PJSC management board Chairman Andrey Kostin said in Davos. "Bitcoin is a fake currency and governments can’t accept a growing market of money not …

New cryptocurrencies cause bitcoin price drop

New cryptocurrencies cause bitcoin price drop

Bitcoin exchange rate fell by 6.76% to $14,300, according to the data of the electronic cryptocurrency platform Coinmarketcap. According to Coindesk, which provides the most accurate bitcoin price using an average from the …

 Russia's Finance Ministry suggests taxation of mining

Russia's Finance Ministry suggests taxation of mining

Russia's Finance Ministry suggests collecting a tax on mining similarly to taxes on business operations, the Deputy Finance Minister Alexei Moiseev said. "We categorize mining as a business activity. Sole …

Bitcoin exchange rate down 12%

Bitcoin exchange rate down 12%

Bitcoin exchange rate fell by 12.5%, according to the data of the electronic cryptocurrency platform Coinmarketcap. As of 11:00 (MSK), Bitcoin price was $14,608, Gazeta.ru reported. Bitcoin plunged below $14,000 in overnight …

Hard fork causes bitcoin price drop

Hard fork causes bitcoin price drop

Bitcoin price continues to decline because of the expected hard fork. The cryptocurrency dropped to $13,530 on the Bitfinex exchange today, to $14,150 on GDAX (0.07%), according to CoinMarketCap -  to $13.990 (1.73%), according to …

Israel mulls creation of own national cryptocurrency

Israel mulls creation of own national cryptocurrency

Israel's Ministry of Finance have been working on a state-backed digital currency, which may be introduced starting in 2019, local media reports. The so-called "digital shekel," identical in value to a physical shekel, …

Bitcoin slips below $14,000

Bitcoin slips below $14,000

Bitcoin tumbled below $14,000 briefly on the Bitstamp exchange today, down roughly 30% from its record top near $20,000 set at the start of the week. It was last down 7% at $14,499 but fell as much as 14.7% earlier in the Asian day, …

Crimean couple names their son 'Bitcoin'

Crimean couple names their son 'Bitcoin'

A couple from Crimea named their newborn son "Bitcoin" after the world's most famous and expensive cryptocurrency. The boy's father explained that he owed his financial well-being to bitcoin, and in this way he wanted …